- Funding Secured: Hyperbolic Labs raised $7 million in seed funding led by Polychain Capital and Lightspeed Faction, with participation from various notable investors.
- Innovative AI Compute Network: The startup offers a blockchain-based network that aggregates idle GPU resources from personal computers and data centers globally.
- Cost-Effective Solution: The network provides AI inference services at a fraction of the cost compared to traditional GPU rental from cloud providers.
Impact
- Accessibility to AI Resources: Hyperbolic’s solution democratizes access to AI compute resources, making them more affordable and accessible.
- Environmental and Economic Efficiency: Utilizing idle GPUs reduces waste and offers a cost-effective alternative to expensive cloud-based GPU rentals.
- Decentralization and Transparency: The use of blockchain technology ensures verifiability and security, promoting a more transparent AI infrastructure.
- Support for AI Development: The platform supports various open-source models and aims to foster a supportive ecosystem for developers.
Eksentricity 
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